A Country Has a Population of 287 Million in 2005 $e ^ { - .013t }$

question 52

Multiple Choice

A country has a population of 287 million in 2005. Assuming a growth rate of 1.3%, determine the function that expresses the population of the country t years after 2005.

• A) P(t) = 287 \(e ^ { - .013t }\)
• B) P(t) = 287 \(e ^ { .013t }\)
• C) P(t) = 287 \(e ^ { 1.3 t }\)
• D) P(t) = 287 \(e ^ { - 1.3t }\)
• E) none of these

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Definitions:

Income

The money received, especially on a regular basis, for work, through investments, or from business activities.

Taxes

Obligatory fiscal dues or alternate kinds of assessments enforced on a taxpayer by a state authority to support government expenditures and a variety of communal costs.

Tax Brackets

Tax brackets are divisions at income levels where tax rates change, essentially segmenting how income taxation escalates with higher earnings.

Canada Revenue Agency

The federal agency responsible for administering tax laws for the Government of Canada and for most provinces and territories.